Intech Investment Management LLC Decreases Holdings in YETI Holdings, Inc. $YETI

Intech Investment Management LLC cut its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 39.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,580 shares of the company’s stock after selling 82,322 shares during the quarter. Intech Investment Management LLC owned approximately 0.16% of YETI worth $5,547,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in YETI. Integrated Wealth Concepts LLC grew its stake in shares of YETI by 9.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,466 shares of the company’s stock worth $214,000 after acquiring an additional 569 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of YETI by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 287,837 shares of the company’s stock worth $9,527,000 after acquiring an additional 14,920 shares during the period. M&T Bank Corp grew its stake in shares of YETI by 17.6% during the 2nd quarter. M&T Bank Corp now owns 8,648 shares of the company’s stock worth $272,000 after acquiring an additional 1,294 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of YETI by 48.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 16,404 shares of the company’s stock worth $517,000 after acquiring an additional 5,379 shares during the period. Finally, California Public Employees Retirement System grew its stake in shares of YETI by 2.5% during the 2nd quarter. California Public Employees Retirement System now owns 144,069 shares of the company’s stock worth $4,541,000 after acquiring an additional 3,507 shares during the period.

YETI Stock Up 0.2%

Shares of NYSE YETI opened at $48.06 on Monday. YETI Holdings, Inc. has a 52 week low of $29.12 and a 52 week high of $51.29. The business has a 50-day simple moving average of $39.91 and a two-hundred day simple moving average of $42.59. The company has a quick ratio of 1.06, a current ratio of 2.10 and a debt-to-equity ratio of 0.10. The company has a market cap of $3.64 billion, a P/E ratio of 24.52, a P/E/G ratio of 1.58 and a beta of 1.74.

YETI (NYSE:YETI) last issued its earnings results on Thursday, May 14th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.17 by $0.09. YETI had a return on equity of 22.61% and a net margin of 8.36%.The business had revenue of $380.41 million during the quarter, compared to the consensus estimate of $374.73 million. During the same quarter last year, the company earned $0.31 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Research analysts anticipate that YETI Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

YETI has been the subject of several research reports. Piper Sandler increased their price target on YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Robert W. Baird increased their price target on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Weiss Ratings downgraded YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Morgan Stanley increased their price target on YETI from $47.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Citigroup increased their price target on YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, YETI currently has an average rating of “Moderate Buy” and a consensus target price of $50.42.

About YETI

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.